If a man names his wife as beneficiary of his life insurance and the two are thereafter divorced, the insurance policy: ______
A)is canceled automatically.
B) is not affected.
C)is divided into two policies on the life of each for one-half the amount of the original policy.
D)becomes the property of the former wife.
B
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Variable costs change in direct proportion to a change in the activity level.
Answer the following statement true (T) or false (F)
Stanziano Construction needs a backhoe to complete a project. If it pays Hofmann Rentals for temporary use of the equipment, the transaction will be governed by
A. Article 2 of UCC. B. Article 2A of the UCC. C. Article 3 of the UCC. D. bulk transfer law.
To simulate the group size of groups of people attending a movie screening, the following translator function is used: Group size 1 = 0 to less than 0.21 Group size 2 = 0.21 to less than 0.65 Group size 3 = 0.65 to less than 0.84 Group size 4 = 0.84 to less than 0.95 Group size of 5 or more = 0.95 to less than 1 What is the simulated group size if the random number 0.59 is generated?
A) 1 B) 2 C) 3 D) 4 E) 5
Which of the following issues does not need resolution in an employer’s effort to comply with employment tax payment requirements?
A. Ascertaining which employees and wages are covered by employment taxes and are subject to withholding for income taxes. B. Arriving at the amount to be paid and/or withheld. C. Reporting and paying employment taxes and income taxes withheld to the IRS on a timely basis through the use of proper forms. D. Each of these issues needs to be resolved. E. None of these is relevant to the employer.